Sacramento Kings lay off dozen staffers

Posted by
Inside Hoops

May
14

The Sacramento Bee (Melody Gutierrez ) reports: Jim Kozimor, with his energetic personality and warm smile, was one of the Kings’ most recognizable faces. Now he’s a personification of the Maloof family’s financial troubles. The TV and radio broadcaster was one of about a dozen Maloof Sports and Entertainment staffers laid off Tuesday as the Kings grapple with the weak economy and a disappointing NBA season that led to poor attendance at Arco Arena. Adding to the Maloof money woes, the family is heavily invested in areas now taking hits from the recession. Las Vegas, where the Maloofs own the Palms Casino Resort, has been hurt by declines in gambling and tourism revenues.